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NLJ this week: Staying ahead of the game on NFTs

16 June 2023
Issue: 8029 / Categories: Legal News , Technology , Cyber
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Fortnite fans take note. Sony has made a ground-breaking patent application to make non-fungible tokens (NFTs) transferable between games and consoles. Shoosmiths partners Prakash Kerai and Joe Stephenson explore this move by Sony and explain why it is potentially revolutionary for the gaming industry, in this week’s NLJ.

Kerai and Stephenson write: ‘Sony seems to have identified opportunities to harness the power of metaverse and Web3 technologies to embark towards a new world of interoperability as it develops its vision for the future of gaming. Yet, the use of NFTs within the gaming industries will not come without challenges, and Sony and others should be alert to the legal considerations which surround NFTs.’

Legal hurdles include anti-money laundering regulations, financial regulation, data protection, and intellectual property rights.

Whatever the future holds for the gaming industry, it’s a fascinating area for lawyers—read more here.

Issue: 8029 / Categories: Legal News , Technology , Cyber
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MOVERS & SHAKERS

Slater Heelis—Oliver Banks

Slater Heelis—Oliver Banks

Manchester firm strengthens Court of Protection expertise with partner hire

Talbots Law—Sara Pickerin & Nicholas Playford

Talbots Law—Sara Pickerin & Nicholas Playford

Agricultural law team expands with senior director appointments

Kingsley Napley—Claire Green

Kingsley Napley—Claire Green

Firm announces appointment of chief legal officer

NEWS
NLJ columnist Stephen Gold dives into the quirks of civil practice, from the Court of Appeal’s fierce defence of form N510 to fresh reminders about compliance and interest claims, in this week's Civil Way
Mazur v Charles Russell Speechlys [2025] EWHC 2341 (KB) has restated a fundamental truth, writes John Gould, chair of Russell-Cooke, in this week's NLJ: only authorised persons can conduct litigation. The decision sparked alarm, but Gould stresses it merely confirms the Legal Services Act 2007
The government’s decision to make the Financial Conduct Authority (FCA) the Single Professional Services Supervisor marks a watershed in the UK’s fight against money laundering, says Rebecca Hughes of Corker Binning in this week's NLJ. The FCA will now oversee 60,000 firms across legal and accountancy sectors—a massive expansion of remit that raises questions over resources and readiness 
The High Court's decision in Parfitt v Jones [2025] EWHC 1552 (Ch) provided a striking reminder of the need to instruct the right expert in retrospective capacity assessments, says Ann Stanyer of Wedlake Bell in NLJ this week
Paige Coulter of Quinn Emanuel reports on the UK’s first statutory definition of SLAPPs under the Economic Crime and Corporate Transparency Act 2023in NLJ this week
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